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Singapore Stocks: STI opens with a big jump on the last day of the weekend Singapore Stocks Market up 0.94% to 3,210.44. Continuously from last two days market is performing positively. This is a positive indication for next week market movement.

Positive market raise quantity of gainer stocks from 65 to 85 stocks and on another side loser stocks become 35 to 28. Whereas after 41 million securities worth $85 million changed hands.

Many many thanks to European and U.S. markets and crude oil prices to provide some space to extend its wings. Wednesday positive moment is continuing on Friday and maybe continue at the beginning of the next week. The STI finished sharply higher on Thursday following gains from the industrials, properties, and financials.

Most active stocks for the day are Mapletree NAC Tr, YZJ Shipbldg SGD, ThaiBev, and Rex Intl. Heading toward top gainer stocks of Singapore stock market is XT MSEurope US$, DBS, Lyxor ChinaH US$, XT Vietnam US$, GLD US$, and Shangri-La HKD.
Another side of top loser stocks are SPDR S&P500 US$, Jardine C&C, JSH USD, XT S&P 500 -1x US$, SingIndexFund, and Great Eastern

 

Global Index Updates

NASDAQ: Nasdaq Composite is running at 8,028.23 that is up with 78.19 points and 0.98 percent

STI: Straits Times Index opens higher today 3,206.94 from previous close 3,180.43

HKEX: Hang Seng index opens higher today 27,712.35 PREV CLOSE 27,477.67

KLSE: FTSE Bursa Malaysia KLCI Index opens higher today 1,811.68 from PREV CLOSE 1,803.70

 

Commodity Market

Gold: Gold markets initially fell during the trading session on Thursday, but then turned around near the $1205 level, aided by the US dollar falling in general

Crude Oil: Oil bulls continue to take charge with Brent making another push towards $80/bbl. Following yesterday’s DoE crude report, WTI rough made a break over the psychological $70 level before rupturing the slipping trendline from the YTD high. This break affirms that the force is to the upside with space for a return to the YTD high ($74.06)

 

Singapore Dollar SGD:

USD/SGD is trading at 1.3633 SGD. It opens at 1.3646 SGD and day range is 1.3632 – 1.3651

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